Two-year plan makes unprecedented investments in homelessness and housing, supports public safety, and re-instates prudent fiscal policies.
Fiscal Year 2021-2023 Budget
Every two years the City goes through a planning process between January and June to determine the budget for the next two fiscal years.
On May 7, 2021 Oakland Mayor Libby Schaaf and City Administrator Ed Reiskin released a two-year Proposed Policy Budget for fiscal years 2021-2023. The Just Recovery Budget totals more than $3.85 billion over the next two years. View the Proposed Policy Budget online book.
About the Budget
Our Goal: A Balanced Budget
The budget is our plan for how we will spend City money on services that support our community.
We are required by law to produce a balanced budget that ensures our "revenues" (the amount of money the City brings in) are equal to or greater than our "expenditures" (the amount of money the City spends to deliver essential services). While other cities and government agencies have different cycles, Oakland approves a budget every two fiscal years. The budget currently under consideration runs from July 1, 2021 through June 30, 2023.
The Budget Process
January - Budget Priorities
The City receives input from council and the community about priorities, and engages staff on departmental budgets.
The Budget Bureau presents the Five-Year Financial Forecast to the City Council’s Finance Committee.
The Mayor engages the public to garner community insights.
The Mayor releases the Proposed FY 2021-23 Budget.
May through June
The City Council leads public budget forums.
The City Council deliberates on the budget and develops alternative proposals.
The City Council adopts the final budget which establishes a 2-year spending plan
Reports & Documents
Reports & Documents Continued
News & Updates
Cuts include $20 million in public safety service reductions and $9 million in other cost-cutting measures